Altus Learning Systems Named One of the Top 50 Silicon Valley Fastest-Growing Private Companies
Released on: October 13, 2008, 12:31 pm
Press Release Author: Michele Moninger, MediaBridge Public Relations
Industry: Education
Press Release Summary: Silicon Valley / San Jose Business Journal Recognizes Altus' Growth Due to Saving Global Companies Millions in Travel Costs and Accelerating Revenue by Increasing Sales Force Productivity
Press Release Body: Silicon Valley-based Altus Learning Systems was named the 22nd fastest growing company in Silicon Valley by The Silicon Valley / San Jose Business Journal.
Altus's growth is driven by organizations like Cisco, NetApp and IBM that are looking beyond in-person meetings and road shows to transfer the product knowledge needed to grow revenues and productivity. Altus is saving their customers millions in travel costs, and increasing sales and operational productivity by delivering product and market information in the digital formats that people in the field need, when they need it.
The current economic climate is forcing organizations to dramatically reduce operational costs like travel and in-person training. Coupled with the need to educate global teams, this has created a greater need for innovative, cost-efficient enterprise solutions that enable people throughout the extended enterprise to collaboratively share their knowledge and ideas without being in the same place at the same time.
"Altus is growing rapidly because we help companies improve both their top and bottom lines," said Ted Cocheu, Altus CEO. "We recently helped a customer achieve a 10x return on their $60,000 investment within 90 days using Altus technology to reduce the duration and costs of attending a single sales event, while also increasing revenue through more knowledgeable sales and support people."
The Altus video-on-demand SaaS solution stores the content shared at corporate meetings and conferences, as well as user-generated content, so that it can be searched, viewed, and collaborated on to meet the just-in-time learning needs of today's busy sales forces. Altus video-on-demand and social networking capabilities empower geographically-dispersed teams to better manage large, complex product lines across global channels and communicate more effectively with colleagues and customers.
Altus digitally captures expert presentations like TiVo, makes it searchable like Google and delivers it like YouTube. Altus does this by recording people sharing knowledge, transcribing their presentations, synchronizing the various components, and making it all searchable and accessible down to the spoken word. For more information about Altus and saving travel and training costs, contact Tim Hughan, Director of Marketing, at (408) 395-9154.
A full list of all 50 winners is available in the print edition of The Silicon Valley / San Jose Business Journal. For more information, visit http://sanjose.bizjournals.com/.
About Altus Learning Systems Altus is a leader in collaborative knowledge sharing throughout the extended enterprise. Altus' on-demand software-as-a-service (SaaS) enables organizations to instantly deliver critical knowledge to large, geographically dispersed audiences, including employees, partners and customers. This dynamic and searchable rich-media platform from Altus is the only solution of its kind that makes expert knowledge searchable down to the spoken or written word. More information is available at http://www.altuscorp.com
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